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Coles Cash Accounts Comptrollers Handbook at Village Green Shopping Centre in Vernon, BC
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Every bank must maintain a certain amount of U.S. and foreign currency on hand. To avoid having excess non earning assets and to minimize exposure to misappropriation and robbery, each bank should establish a policy to maintain cash balances at the minimum levels necessary to serve its customers. The amount will vary from bank to bank depending on anticipated needs of customers, with a reasonable allowance made for unusual demands.
Every bank must maintain a certain amount of U.S. and foreign currency on hand. To avoid having excess non earning assets and to minimize exposure to misappropriation and robbery, each bank should establish a policy to maintain cash balances at the minimum levels necessary to serve its customers. The amount will vary from bank to bank depending on anticipated needs of customers, with a reasonable allowance made for unusual demands.
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